Fund Performance
Lumpsum
SIP
5.53
as on 31 Jan 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,753 today.
NAV Performance
Fund Information
-
₹ 43.901
as on 31 Jan 2023 -
Regular - Growth
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4 / 26
-
₹ 500
-
₹ 9,866 Cr.
as on 31 Dec 2021 -
1.15%
-
02 Jan 2013
-
CRISIL 10 Year Gilt Index
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Nippon India Mutual Fund
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Highlights of this fund
Nippon India Short Term Fund is an Open-ended Debt Fund. The fund belongs to Short Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 02 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Debt funds offered by Nippon India Mutual Fund.
Latest NAV of the fund is ₹ 43.901 as on 31 Jan 2023.
This fund has 10 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.15%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
The primary objective of the Scheme is to generate stable returns for investors with a short-term investment horizon by investing in fixed income securities of a short-term maturity.
List of Fund Managers of Nippon India Short Term Fund
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About Sushil Budhia
Mr. Budhia has done CA Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
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About Vivek Sharma
Vivek Sharma, Fund Manager Fixed has total 9 years experience with Reliance Mutual Fund Assisting in actively managing the duration and asset-allocation of various debt portfolios such as Income Fund, Gilt Fund, Dynamic Bond Fund, Ultra Short Term Fund, FMPs, Credit Fund, Liquid Fund & Liquid Plus Funds. Vivek Sharma joined RNAM in 2006 as Management Trainee & has been working with Fixed Income Team since 2007.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.15% | 0.68% | 8.81% | 11.40% | 27.30% | 14.60% | 8.90% | 6.97% | 8.00% | 21.04% | 18.69% | 14.53% | 7.90% | 7.20% |
| Category Average | 0.03% | 0.44% | 1.86% | 3.32% | 4.74% | 4.51% | 5.39% | 5.64% | 6.99% | 5.10% | 4.55% | 4.71% | 5.44% | 6.38% |
| Nippon India Short Term Fund | 0.01%₹ 10,001 | 0.41%₹ 10,041 | 1.63%₹ 10,162 | 2.60%₹ 10,259 | 3.38%₹ 10,337 | 4.24%₹ 12,275 | 4.07%₹ 10,832 | 3.85%₹ 24,971 | 5.53%₹ 11,753 | 4.38%₹ 38,492 | 6.37%₹ 13,620 | 5.69%₹ 69,303 | 7.36%₹ 20,348 | 6.67%₹ 1,69,127 |
| HDFC Short Term Debt Fund | 0.01%₹ 10,001 | 0.42%₹ 10,041 | 1.67%₹ 10,167 | 2.81%₹ 10,281 | 3.85%₹ 10,384 | 4.74%₹ 12,307 | 3.92%₹ 10,800 | 4.09%₹ 25,033 | 5.93%₹ 11,889 | 4.58%₹ 38,607 | 6.97%₹ 14,006 | 6.07%₹ 69,953 | 7.76%₹ 21,130 | 7.13%₹ 1,73,270 |
| ICICI Prudential Short Term Fund | 0.01%₹ 10,000 | 0.38%₹ 10,038 | 1.46%₹ 10,146 | 3.28%₹ 10,327 | 5.03%₹ 10,503 | 5.75%₹ 12,372 | 4.43%₹ 10,908 | 4.82%₹ 25,218 | 6.22%₹ 11,988 | 5.12%₹ 38,919 | 6.91%₹ 13,967 | 6.32%₹ 70,410 | 7.75%₹ 21,105 | 7.20%₹ 1,73,895 |
| Kotak Bond (short Term) | -0.04%₹ 9,996 | 0.29%₹ 10,029 | 1.42%₹ 10,141 | 2.49%₹ 10,248 | 3.12%₹ 10,311 | 4.01%₹ 12,260 | 3.35%₹ 10,683 | 3.49%₹ 24,880 | 5.22%₹ 11,651 | 3.91%₹ 38,220 | 6.38%₹ 13,625 | 5.42%₹ 68,830 | 7.17%₹ 20,000 | 6.53%₹ 1,67,941 |
| Axis Short Term Fund | 0.02%₹ 10,001 | 0.49%₹ 10,048 | 1.65%₹ 10,165 | 2.71%₹ 10,271 | 3.91%₹ 10,390 | 4.70%₹ 12,305 | 3.88%₹ 10,792 | 4.08%₹ 25,030 | 5.64%₹ 11,790 | 4.43%₹ 38,517 | 6.67%₹ 13,815 | 5.83%₹ 69,547 | 7.38%₹ 20,394 | 6.83%₹ 1,70,568 |
| Aditya Birla Sun Life Short Term Fund | 0.07%₹ 10,007 | 0.42%₹ 10,042 | 1.54%₹ 10,153 | 2.72%₹ 10,271 | 4.38%₹ 10,437 | 4.99%₹ 12,323 | 4.27%₹ 10,875 | 4.45%₹ 25,123 | 6.34%₹ 12,026 | 5.04%₹ 38,877 | 6.83%₹ 13,919 | 6.19%₹ 70,168 | 8.00%₹ 21,597 | 7.15%₹ 1,73,458 |
Portfolio Holdings
Top Debt Instrument Type holdings of Nippon India Short Term Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 69.00% | ₹ 6,690.46 Cr. |
| GOI | 13.04% | ₹ 1,262.50 Cr. |
| CD | 8.00% | ₹ 775.07 Cr. |
| PTC | 2.29% | ₹ 222.58 Cr. |
| CP | 1.53% | ₹ 148.77 Cr. |
| Others | 6.14% | - |
Top Debt Holdings of Nippon India Short Term Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 13.04% | ₹ 1,262.50 Cr. |
| Bond - Rural Electrification Corporation Limited | 6.62% | ₹ 642.33 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 6.57% | ₹ 637.55 Cr. |
| Bond - LIC Housing Finance Ltd. | 4.90% | ₹ 475.48 Cr. |
| Bond - Axis Bank Ltd. | 4.61% | ₹ 446.91 Cr. |
| Others | 64.26% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 4.17% |
| Net Receivables | 1.96% |
| Margin | 0.01% |
| Interest Rate Swaps | 0.00% |